London/Washington, D.C., June 4, 2009-IFC,
a member of the World Bank Group, the African Development Bank, the Bill
& Melinda Gates Foundation, and the German development finance institution
DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH announced
today that they have created a new private equity fund that will invest
in Africa's health sector.

The Health in Africa Fund, managed by
Aureos Capital, will invest in small- and medium-sized companies in sub-Saharan
Africa, such as health clinics and diagnostic centers, with the goal of
helping low-income Africans gain …